The US company is also applying to distribute CBOT products to market participants in Dubai next year, subject to regulatory approvals.

In October, CME Group proposed agreements with the Brazilian Mercantile & Futures Exchange, the largest derivatives exchange in South America, and the Korea Exchange.

The proposal includes CME Group connecting the Brazilian market to Globex for electronic trading of the products of both exchanges.

CME Group is also entering into a five-year agreement with the Korea Exchange to trade the Kospi 200 futures contract, based on the stock index of the largest South Korean companies, on Globex next year.